UK: Plans for women's quotas on company boards dropped

Submitted by Broadsword on Thu, 2012-05-31 01:51

Article here. Excerpt:

'The move to drop the “golden skirt” policy is a sign of ministers’ commitment to strip red tape from companies to get the economy moving.

Ministers said they were “standing up for British business” and were opposing the plans to impose more “burdensome regulation” on companies.
...
However ministers will say the Government is not going to implement the quotas, and instead will merely encourage firms to hire more women in executive positions.'

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